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Basicattentiontoken

Basic Attention Token | Be Ready For A Roller Coaster MoveHead & Shoulder pattern: On daily chart the Basic attention token formed a Head and Shoulder pattern. This move was started on 18th December 2019 and now we can see that after the completion of this pattern the priceline has broken down the neckline and even dropped more down. A death cross can lead the priceline down: On the same daily chart 50 simple moving average formed a golden cross with the 200 simple moving average on 9th February 2020. After this golden cross the traders had expectations that the priceline of Basic attention token will start more powerful bullish rally. After this golden cross the BAT token has hit up to $0.3221 and after that the price line started dropping. Then after 14th of February up till so far we can see the priceline is bearish. Now the 50 simple moving average again started moving down to form the death cross with the 200 SMA. And today we can see that 50 simple moving average is touching the two hundred simple moving to cross down for the completion of this death cross. And this bear cross can lead the pipeline again more down. Bullish Shark formation can again lead the BAT token to drop again: There is another very strong indication being appeared signaling towards bearish move. And that is the priceline is likely to complete a bullish Shark pattern. We can observe that the initial leg was started on 13th March 2020 and after the completion of first leg on 20th March 2020 price action is retraced between 0.382 to 0.618 Fibonacci level and this is the 1st confirmation of Shark. Then the priceline is projected between 1.13 to 1.618 Fibonacci projection of A to B leg and this is the second confirmation of bullish Shark. Now we can expect that the final leg will be formed as required for the bullish Shark pattern and the priceline is expected to be retraced between 0.886 upto 1.13 Fibonacci level. In this case we can expect the drop upto $0.0888 to $0.07. This area would be the potential reversal zone of this bullish Shark. And from this area we can expect a bullish divergence that can help to end up the bearish move that was caused by the Head and Shoulder formation and the death cross of 50 simple moving average with 200 SMA on daily chart. On long term we are still bullish: But if we see on the long term then this bearish move on daily chart will not affect the expected long-term bullish move of Basic attention token. If we see on weekly chart the basic attention token has formed a falling wedge pattern and it has already hit at the support of this wedge on the candlestick that was opened and closed on 9th March 2020. In case of the completion of bullish Shark pattern that is being formed on daily chart we can have another touch at the support of this wedge even we can expect is a spike beyond the support like we had on 9th March 2020. But it will be not possible for the price line to breakdown the support of this falling wedge because if we see the volume profile of the complete price action moving within this falling wedge then it can be clearly observed that the traders are not interested to trade below $.135 and the point of control level of volume profile is at $0.19. Therefore the price action can move up at anytime at least up to the POC level of this volume profile. And we cannot expect the breakdown of the support unless the trader’s interest would not be developed below the support of this pattern. A very big bullish Shark is still in play to produce bullish divergence soon: And if we switch to 2 week chart then a very big bullish Shark pattern is still in play that I have already shared with you in my previous posts. According to this Shark pattern we are already moving in the potential reversal zone of is Shark pattern that has been formed on this 2 week chart. But if the price action will move upt $ 0.0888 to $ 0.07 for the completion of the smaller bullish Shark that is being formed on the daily chart then we can have only a spike beyond the potential reversal zone of this big shark that has been formed on the 2 week chart, Like we already have seen on the candlestick that was opened and closed on 2nd March 2020. Conclusion: On short term and midterm the Basic attention token can face bearish move upto $0.0888 to $0.07. But on long term the BAT token will be still bullish unless the priceline will not break down the support of falling wedge that has been formed on weekly chart.
Long
by moon333
4
BATBTC formed Gartley on 2 week chart | Upto 59% move expectedA formation of big bullish harmonic Gartley pattern: At one side the Basic Attention Token with Bitcoin pair has formed a very big bullish Shark pattern on 2 month chart that I have already shared however for reminder I will again share that 2 month bullish Shark chart again. Within that big bullish Shark pattern on 2 week chart the BAT has formed a big bullish Gartley pattern that can also help the execution of bullish Shark pattern that is formed on 2 month time period charts. Let’s dig the pattern deeper to see how perfect it has been formed. Intial leg was started in Sep 2019 and ended on Oct 2019, after initial leg (X to A) the A to B leg is retraced between 0.618 to 0.786 Fibonacci and then B to C leg is projected between 0.328 to 0.886 Fib of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.618 to 0.786 Fibonacci and now entered in potential reversal zone. Buying And Sell Targets: The buying and sell targets according to harmonic Gartley pattern should be: Buy between: 0.00002289 to 0.00001973 sats Sell between: 0.00002539 to 0.00003138 sats So this trade can has capacity to produce upto 59% big profit. Stop Loss: The potential reversal zone area that is up to to 0.00001973 sats can be used as stop loss in case of complete candle stick opens and closes below this level. Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.
Long
by moon333
BATUSDT formed bullish Butterfly | Upto 24% moveA formation of harmonic bullish Butterfly pattern: This time on daily chart Basic Attention Token (BAT) with Bitcoin pair has formed bullish Butterfly pattern and entered in potential reversal zone and ready to move up at any time. Even though after visiting the buying area the pricline of BAT has already hit 2 times in sell zone but MACD is still turning bullish therefore I am expecting that the price action of Basic attention token will again take powerful bullish divergence to enter in sell zone. Let’s dig the pattern deeper to see how perfect it has been formed. After initial leg (X to A) the A to B leg is retraced between 0.618 to 0.786 Fibonacci and then B to C leg is projected between 0.328 to 0.886 Fib of A to B Fibonacci projection area and last leg (C to D) is retraced between 01.27 to 01.618 Fibonacci and now entered in potential reversal zone. Buying And Sell Targets: The buying and sell targets according to harmonic Butterfly pattern should be: Buy between: 0.00002223 to 0.00002086 sats Sell between: 0.00002329 to 0.00002587 sats So this trade can has capacity to produce upto 24% good proit. Stop Loss: The potential reversal zone area that is up to to 0.00002086 sats can be used as stop loss in case of complete candle stick opens and closes below this level. Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own reaserch before any investment.
Long
by moon333
Basic Attention Token Trade Signal [BATBTC](116%)Basic Attention Token (BATBTC) is trading within EMA300 (grey) and MA200 (black). This setup is bullish since prices are now moving above EMA200 and we have a bullish cross on the MACD and strong RSI. Other altcoins are also starting to grow. Below the full trade numbers... --- Trade: Basic Attention Token | BATBTC BUY: 0.00002500 - 0.00002750 NEXT SUPPORT: 0.00002222 TARGET: 1) 0.00002950 2) 0.00003150 3) 0.00003500 4) 0.00003750 5) 0.00004150 6) 0.00004400 7) 0.00004750 8) 0.00005750 PROFITS POTENTIAL: 116% (Price at writing 0.00002666) STOP: Close weekly below 0.00002000. --- This is not financial advice. Remember to hit LIKE if you enjoyed this content and would like to show your support. Namaste.
Long
by AlanSantana
1
BAT / BTC Fractal 2019. History repeats itself. Potential + 180%Copying. While there is a clear tracking of the fractal. Even the time frame is almost day to day. Maybe this is specially done to deceive at the most crucial moment. The price is now at the resistance line of the downward channel in increments of about 33%. ENTRANCE On a break of the downtrend line, or a rollback after the break, depending on your trading strategy. Stop loss Under key support levels during your entry into the market. Do not forget to move Stop Loss during the price increase, but take into account the coin volatility)))) As history shows Stop Loss on this coin for losers. Stop Loss knocked out was -33%. And in most book traders put Stop Loss at 3-5%, well, the most aggressive at 8-10%. But still, those who are smarter know where the crowd puts Stop Loss. Why pull the crowd and give money? The crowd should buy only near the highs, or who does not dare to enter the market after knocking out Stop Loss, feels a sense of "lost profit", as on this coin. And to justify oneself is all manipulations, this is not an honest game, the book does not write to do so). In such a Stop Loss knockout, no Stop Loss size will help you ... Therefore, the pump happened by + 180% from breaking through the downtrend line, and if we take into account the knockout of Stop Loss from the price to about + 210%. Growth was without passengers. Therefore, I emphasize once again that it is not the Stop Loss size that matters, but the entry point! TARGET In cases of breaking a downward trend line and working out a fully fractal, the potential is about + 180%. It is also worth noting that I showed the time frame of the price movement, but you need to understand that this is subjective, but with what the demon is not joking. Pivot points (zones) I showed on the chart. All levels (price zones) on the chart. Also, if the price does not break the downtrend line (resistance of the downtrend), then the possible work in this channel with a width of about 33%. Work on the situation, depending on how the price responds to a particular level (zone). Also, do not forget that the price is now flat at the bottom of the main horizontal channel of the trend. BAT is at the bottom of its former channel Potential + 140% October 2019 The trading idea of this coin is to the dollar. BAT / USD Formation of a symmetrical triangle. Potential + 310%
by SpartaBTC
18
BATUSDT formed bullish butterfly | Upto 35% move exptectedPreviously I have posted chart where the price action of Basic attention token formed a bullish shark pattern. And at that time the price action was moving in the potential reversal zone of this harmonic pattern. And at that time I was expecting up to 90% profit but the price action took a powerful bullish divergence and produced more than 102% profit. Another Harmonic Move Now this time the price action of Basic attention token has formed another bullish harmonic pattern and this time it is bullish Butterfly. And this is another awesome opportunity to earn more profit. This time the profit probability is up to 35%. Let's dig this pattern deeper to see how perfectly this pattern is driven: The first leg was started from 16th to 18th Feb 2020 and after that the next A to B leg is retraced between 0.618 to 0.786 Fibonacci levels, then B to C leg is moved up to the Fibonacci projection level between 0.382 to 0. 886 Fibonacci and that is the Fibonacci projection of A to B leg. Then C to D leg is retraced between 1.27 up to 1.618 Fibonacci levels and now the formation of bullish butterfly is completed here. At this time the priceline is entered in the buying zone and we can place our buying orders in this area. Buying And Sell Targets: The buying and sell targets according to harmonic Butterfly pattern should be: Buy between: $0.2205 to $0.1994 Sell between: $0.2340 to $0.2707 Stop Loss: The potential reversal zone area which is up to $0.1994 can be used as stop loss in case of complete candle sticks closes below this level. This idea is for short and mid term traders not a long term idea, I will be keep posting more trading ideas.
Long
by moon333
BAT can breakdown the support to complete the BAT patternA Recap: In my previous post we have see that the Basic Attention Token had found the resistance at: $0.1959 and support at : $0.1487 and this support was not broken since 29 Aug 2019 when the price action took drop more than 29% upto $0.1326 but failed to breakdown this support. And after finding this firm support the price action was moving sideways above this support level since Aug 2019 to Dec 2019 and in the meanwhile the price action was hitting the upper band of Bollinger bands and the mouth of bollinger bands was expanding and moving up and Relative Strength Index ( RSI ) was oversold up till 18 Dec and was turned bullish and Moving average convergence divergence ( MACD ) was turned strong bullish. The Directional movement the +DI has crossed up -DI and ADX is above 29 level and giving strong bullish signals. And upto 12hr chart the Ichimoku cloud was turned bullish and lagging span of ichimoku cloud had crossed up the priceline and the price action also crossed up the bearish cloud on the other hand the chop zone had also given strong bullish signals by turning bullish. On daily chart simple moving averages were also expected to form an open Alligator’s mouth and with all these bullish signals the price action also formed a bullish Shark pattern and entered in potential reversal zone. Based on all above indicators I predicted that the priceline of BAT token will now breakout the $0.1959 resistance and it will hit the next resistance at: $0.2695 Now What Next? : Retesting The Previous Resistance As Support: Now we can see that the price action not even broke out the $0.1959 resistance but also has broken out the $0.2695. From this level the Basic attention token was expected to retest the recent broken resistance as support and move up to next resistance level at $0.4067 as the BAT token did after breaking out the previous resistance level of $0.1959. But this time while retesting the recent broken resistance as support the candle sticks are likely to cross down this support or retesting is being failed. This candle stick is the make or break for Basic attention token because if this support will be broken down than the price action may move more down to retest the previous resistance level at $0.1959, in this situation the coin will loss 39% of its value from the recent high of $0.3221. But in case the sell will be stopped here and price line will not breakdown this support then we may see the price action to move to next resistance level at $0.4067 and after this resistance level will have only one and final resistance at $0.4493 and if this final resistance will be broken out then the Basic attention token can start a very powerful rally to make new high that will be highest price ever in the history of BAT token. A Formation Of Bullish Harmonic Pattern: If we see the short term 4 hour time period chart then the price action is forming a bullish BAT pattern and at this time the final leg C to D is being formed the dimensions of this pattern is as below: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is almost projected between 0.382 to 0.886 of A to B leg's Fibonacci projection (here I have ignored extra spike coz all other legs are perfectly driven) now the final (C to D) leg should be retraced between 0.786 to 0.886 Fibonacci for a perfect bullish BAT pattern and then the price action will be entered in potential reversal zone of this bullish BAT pattern. As per above pattern we can see that the situation Is still in favor of bears unless the previous support of $0.1959 won’t be retested because the potential reversal zone goes very close to this support however the formation of this pattern is also a hope that the price action may not break down the previous support. Long Term Perspective: As on 26th Oct 2019 I posted an article where I revealed that the price action of Basic attention token has formed a big bullish BAT pattern on long term week chart and at that time the price action was in potential reversal zone of this big bullish BAT: Based on this pattern and some other bullish signals I predicted that the price action may hit the price level between: $0.28328 to $0.42727. Then from Dec 2019 to Feb 2020 the price action started a bull rally and gained more than 110% value. Here if we see the 0.786 Fibonacci projection of this pattern then it is at $0.42727 which is very close to its final resistance and at this time the priceline has already hit the 0.50 Fibonacci projection if the price action moves more up from here to breakout the 0.786 Fibonacci level then the Basic attention token will definitely breakout the final resistance as well to make all time high.
by moon333
BAT - Triangle Breakout on the cardsAs BTC crosses over a tough resistance dating back to July 2019 and Dominance charts skyrocketing, we believe its time to place our bets on the Alts market as it attempts to catch up. BAT/USDT has formed a triangle pattern with a breakout on the cards any time now. With a risk to reward ratio of over 5.5, we feel this setup must be traded. We advise accumulation between the triangle, with exact Stop and Target levels defined on the chart.
Long
by Bitbloxx
2
BAT ANALYSIS (EXPECT HANDLE TO COMPLETE!)BAT ANALYSIS BAT recently corrected down to the 200 MA and held it, which is generally a bullish case. In addition, BAT is currently forming a handle on the right side as shown in the chart. The only concern is the high rise daily wick that rejected at T1. Considering the 50 MA is holding and Stoch flipped bullish I expect a re-attempt at T1 of 2700 sats. When this breaks, look for T2 at 2860 and T3 at 3100 sats. By T3, the handle will have formed and I would recommend a full exit of position, if you dont close at T1 or T2. Looking further out, if resistance zone breaks (pink) then this would be extremely bullish long term! Possible Entries: 2500 sats
Long
by altchicasignals
BAT is ready for comBAT We could see that the momentum-wise trend is starting to slowly pick up. MACD in divergence. New lows are higher than the previous ones. We could find 2 stops (possible minor retracements) at 0.205 and 0.235. Be ready to move your stops as we aproach to them. The only thing that bothers me is that on the bigger time frame we touched exactly the same level twice ($0.145). This makes bigger picture of BAT a little bit indecisive. Overall I’m bullish on BAT. If you liked and profited from my analysis the best thing you can do is to click on that like button. See you around :)
by Dr_Bull_Green